Obama is a known basketball fan and was often seen playing during his tenure at the White House.

Axar.az reports citing Reuters that a basketball jersey once owned by former US President Barack Obama sold Monday for USD 120,000, according to the Dallas auction house that sold it.

The number 23 jersey belonged to 18-year-old Obama while he was a senior at Punahou high school in Hawaii, where he lived at the time, according to Heritage Auctions.

The jersey was valued at USD 100,000 before it was sold.

Obama is a known basketball fan and was often seen playing during his tenure at the White House, with presidential staffers, celebrities or other guests.